Changing a Binding Constraint Also Changes the Optimal Solution

question 46

True/False

Changing a binding constraint also changes the optimal solution.

---

Definitions:

Board of Governors

The leading body of a central banking system that oversees policy and administration.

Money Supply

The entire amount of finances available in an economy, covering all forms of cash, coins, and the funds in checking and savings accounts, at a precise moment.

Old Currency

Outdated or not in current use money forms, replaced or withdrawn by respective authorities.

Public's Desire

The general or collective wants, needs, and preferences of the population, which can influence market demand and public policy.